(navigation image)
Home American Libraries | Canadian Libraries | Universal Library | Community Texts | Project Gutenberg | Children's Library | Biodiversity Heritage Library | Additional Collections
Search: Advanced Search
Anonymous User (login or join us)
Upload
See other formats

Full text of "Shipping Practice"

158                              SHIPPING PRACTICE

York-Antwerp Rules, 1950                  York-Antwerp Rules, 1924

Rule XVI. Amount to be made
good for Cargo Lost or Damaged
by Sacrifice.

The amount to be made good as
general average for damage to or
loss of goods sacrificed shall be the
loss which the owner of the goods
has sustained thereby, based on
the market values at the last day
of discharge of the vessel or at the
termination of the adventure where
this ends at a place other than the
original destination.

Where goods so damaged are
sold and the amount of the damage
has not been otherwise agreed, the
loss to be made good in general
average shall be the difference
between the net proceeds of sale
and the net sound value at the
last day of discharge of the vessel
or at the termination of the
adventure where this ends at a
place other than the original
destination.

Role EVIL—Contributory Values

The contribution to a general
average shall be made upon the
actual net values of the property at
the termination of the adventure, to
which values ahall be added the
amount made good as general aver-
age for property sacrificed, if not
already included, deduction being
made from the shipowner's freight
and passage money at risk, of such
charges and crew's wages as would
not have been incurred in earning
the freight had the ship and cargo
been totally lost at the date of the
general average act and have not
been allowed as general average;
deduction being also made from the
value of the property of all charges
incurred in respect thereof subse-
quently to the general average act,
except such charges as are allowed
in general average.

Passengers' luggage and personal
effects not shipped under bill of
lading, shall not contribute in
general average,

RuleXTOI. Damage to Ship.

The amount to be allowed as
general average for damage or loss
to the snip, her machinery and/or
gear when repaired or replaced
shall be the actual reasonable cost

Role XVI.—Amount to be made
good for Cargo Lost or Dam-
aged by Sacrifice

The amount to be made good as
general average for damage to or
loss of goods sacrificed shall be the
loss which the owner of the goods
has sustained thereby, based on the
market values at the date of the
arrival of the vessel or at the ter-
mination of the adventure where
this ends at a place other than the
original destination.

Where goods so damaged are sold
after arrival, the loss to be made
good in general average shall be
calculated by applying to the sound
value on the date of arrival of the
vessel the percentage of loss resulting
from a comparison of the proceeds
with the sound value on date of sale.

Rule XVII.—Same

Rule AVULL—Damage to Ship

The amount to be allowed as
general average for damage or loss
to the ship, her machinery and/or
gear when repaired or replaced
shall be the actual reasonable cost